– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
Top News
Dangote Group Explores $15 Billion Industrial Investment Opportunities in Egypt
Afreximbank, APPO Launch $5 Billion Africa Energy Bank to Finance Energy Projects
Stanbic Bank Botswana Launches $94 Million IPO on Local Stock Exchange
Angola Targets 5.5% Economic Growth in 2027 as Non-Oil Sector Drives Expansion
OPay Withdraws $304 Million US IPO Following Unidentified Foreign Regulatory Inquiry
FATF Removes DR Congo and Ivory Coast from Money Laundering Grey List
Nigeria-Focused Fintech OPay Raises $304 Million in New York IPO at $4 Billion Valuation
Cameroon’s Sonara Signs Fuel Supply Agreement with Dangote Group and MRS Oil & Gas
ExxonMobil Raises Stake in Mozambique’s $30 Billion Rovuma LNG Project to 50%
Russia’s Rusal, Ghana Sign Deal to Develop Bauxite Mines and Alumina Refinery
Kenya’s Inflation Rises to 7.3%, Highest Level in More Than Three Years
Afreximbank Plans $1 Billion Syndicated Loan With Potential Offshore Yuan Tranche
Moody’s Warns El Niño Could Weaken Sovereign Credit Profiles Across Emerging Markets
Tanzania and Angola Plan Railway Link Connecting Atlantic and Indian Ocean Trade Corridors
Moody’s Downgrades Senegal’s Sovereign Rating to Ca, Citing Higher Creditor Losses
SUBSCRIBE
– Business, Finance, Markets & Economic News
Subscribe
– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
Copyright 2026 - All Right Reserved
Home » Mining » Zambia Extends Copper Export Duty-Free Waiver to Support Mining Sector
Mining

Zambia Extends Copper Export Duty-Free Waiver to Support Mining Sector

by Emmanuel Ebube June 3, 2026
written by Emmanuel Ebube June 3, 2026
FacebookTwitterLinkedinEmail
170

LUSAKA, June 3 – Zambia has extended the suspension of its 10% export duty on copper concentrates until September 30, providing relief to mining companies facing processing bottlenecks caused by ongoing maintenance work at key smelting facilities.

The decision is intended to help producers reduce growing inventories of unprocessed copper concentrate as several major smelters continue repairs and operational upgrades following technical challenges that have affected output.

As Africa’s second-largest copper producer, Zambia relies heavily on the mining sector for export earnings, government revenue and foreign exchange inflows.

While the country traditionally exports most of its copper in refined cathode form, temporary disruptions at processing facilities have increased the need for concentrate exports.

You Might Be Interested In
  • Kenya Nears Critical Minerals Deal With US Focused on Domestic Processing

The duty waiver, originally introduced in August 2025, will now remain in effect for an additional three months and covers more than 271,000 metric tons of copper concentrate eligible for export under the programme.

Among the beneficiaries, Mopani Copper Mines received the largest allocation, with approval to export up to 100,000 metric tons of concentrate without incurring the duty.

The company is jointly owned by International Resources Holding and ZCCM Investments Holdings.

Lumwana Mining Company, owned by Barrick Mining Corporation, was allocated a duty-free export quota of nearly 57,000 metric tons.

Additional allocations were granted to operations controlled by First Quantum Minerals and Chinese-owned Nkana Mining and Minerals Processing, each receiving quotas of approximately 43,000 metric tons.

Meanwhile, Lubambe Copper Mine, majority-owned by JCHX Mining Management, secured a 15,000-ton allocation, while Konkola Copper Mines, owned by Vedanta Resources, received approval to export more than 12,500 metric tons.

The extension comes as Zambia seeks to accelerate growth in its mining sector and significantly increase copper production over the coming decade.

The country exported approximately 890,000 metric tons of copper in 2025 and has set an ambitious target of raising annual output to 3 million metric tons by 2031.

Authorities view the temporary duty suspension as a short-term measure designed to support mining operations while ensuring that production targets remain on track despite current processing constraints.

The move also highlights Zambia’s determination to maintain momentum in its copper industry as global demand for the metal continues to rise, driven by investment in renewable energy systems, electric vehicles and power infrastructure.

Read Next

  • Kenya’s Private Sector Contracts as PMI Drops Below 50 in March

    April 7, 2026
  • Congo, Trafigura and EVelution Advance US Cobalt Supply Chain Partnership

    May 14, 2026
  • Terra Industries Signals the Rise of Africa’s Homegrown Defense Technology Sector

    January 13, 2026
  • EgyptAir Waives Fees on Cancelled Regional Flights Until March 15

    March 3, 2026
  • Guinea Plans Major Mining Conference Next Year to Attract Global Investors

    December 22, 2025

Newsletter

Subscribe to our newsletter for trusted insights on Africa’s economies, markets, and business.

African Economy Inc. Logo

About Us

We are a business and economic intelligence platform delivering in-depth reporting, analysis, and insights on markets, companies and economic developments across Africa.

Our Company

  • AEI Intelligence
  • About
  • Editorial Standard
  • Partnerships
  • Advertise With Us
  • Careers
  • Ownership

News

  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech

Useful Links

  • Privacy Policy
  • Terms of Use
  • Closed Captioning Policy
  • Accessibility Statement
  • Personal Information
  • Data Tracking
  • Register New Account

Subscribe Newsletter

Subscribe to our newsletter for trusted insights on Africa’s economies, markets, and business.

©2026 Majons Media Inc. All Rights Reserved.

Facebook Twitter Instagram Linkedin
Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
– Business, Finance, Markets & Economic News
  • Economy
  • Business
  • Markets
  • Banking & Finance
  • Energy
  • Tech
  • Policy
  • African Economy Inc.